§ 88101 What is Unlawful
§ 88102 Certain Contract Unlawful
§ 88103 Contract Fixing Damages
§ 88104 Exceptions
§ 88105 Contracts in Restraint of Trade
§ 88106 Exception: Sale of Good Will
§ 88107 Exception: Partnership Agreement
§ 88108 Restraint of Marriage Void

Terms Used In Guam Code > Title 18 > Chapter 88 - Unlawful Contracts

  • Contract: A legal written agreement that becomes binding when signed.
  • Fraud: Intentional deception resulting in injury to another.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.